三峡能源（600905）公告，2025年第一季度营业收入76.28亿元，同比下降3.47%。净利润24.47亿元， 同比增长1.16%。 ...

本公司监事会及全体监事保证公告内容不存在任何虚假记载、误导性陈述或者 重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 根据《上市公司行业信息披露指引第二号——房地产、第四号——电力、第五号—— 零售》的要求，辽宁申华控股股份有限公司（简称"公司"）现将 2025 年一季度主要经 营数据披露如下： 证券代码：600653 证券简称：申华控股 编号：临 2025—19 号 辽宁申华控股股份有限公司 2025 年一季度主要经营数据公告 - 1 - 1、汽车销售：2025 年 1-3 月，公司实现合并口径宝马品牌销售 2,394 辆，同比下降 11%。 近日，宝马集团公布了 2025 年第一季度的销量，数据显示中国市场 2025 年第一季度累计交 付 155,195 辆，同比下滑 17.2%。公司凭借高效的管理和优质的服务已尽力减少市场下滑带来 的不利影响，面对竞争加剧和电动化转型的局面，公司和宝马厂商均已开始做出调整。 2025 年，宝马将正式发布全新的 Neue Klasse 平台架构，同时计划推出 10 款重磅新车型。 除已在售的全新 BMW X3 长轴距版，全新 BMW M235L 四门轿跑 ...

企查查APP显示，近日，平遥粤风新能源有限公司成立，法定代表人为李桂超，注册资本10万元，经营 范围包含：发电业务、输电业务、供(配)电业务。企查查股权穿透显示，该公司由粤电力A旗下广东省 风力发电有限公司全资持股。 ...

Core Viewpoint - The company reported a significant increase in revenue for 2024, but also faced substantial losses in net profit, indicating challenges in profitability despite revenue growth [1] Group 1: Financial Performance - In 2024, the company achieved operating revenue of 1.481 billion, a year-on-year increase of 22.09%, but reported a net profit attributable to shareholders of -545 million, a year-on-year decrease of 678.26% [1] - For Q4 2024, the company recorded operating revenue of 508 million, a year-on-year increase of 24.14%, with a net profit attributable to shareholders of -618 million, indicating a significant loss [1] Group 2: New Energy Projects - The company accelerated the development of new energy projects, successfully connecting the 100MW wind power project and starting construction on two 250MW solar power projects, leading to a 136.41% increase in new energy engineering revenue to 115 million [2] - The gross margin for new energy engineering increased by 45.14 percentage points to 62.62% [2] Group 3: Future Plans and Investments - The company plans to invest 1 billion in its subsidiaries in 2025 to support the construction of wind and solar projects, aiming to enhance its operational capacity in new energy [3] - By the end of 2024, the company held wind and solar power station capacities of 246MW and 298.6MW, respectively, with total electricity generation reaching 609 million and 448 million kWh [3] Group 4: Asset Management and Strategy - The company recorded a 422 million impairment loss on biomass assets due to industry policy and raw material price impacts, but aims for the biomass power station business to reach breakeven or slight profit through cost control and increased non-electric revenue [4] - The company is actively acquiring distributed wind resource indicators, with several new projects approved in 2024 [4]

当前新能源发电行业正处于政策逐步明朗化阶段。随着 136 号文的实施，未来 新增项目的机制电量和电价情况将更加清晰。国家对于绿电消纳问题提出了解 • 福建省投资集团启动永泰抽蓄项目 51%股权的注入程序，未来平海湾三期 等优质资产也在持续开发中。这些资产的注入将推动中闽能源长期利润中 枢迈上新台阶。 • 中闽能源作为福建省内核心海风运营平台，拥有丰富且优质的海风资源。 福建省海风资源是国内最优质的绿电资源之一，目前电价逐步回归合理区 间，整体资产价值回升显著。 决方案，这将提高绿电板块长期投资回报的确定性，并推动整个行业进入更加 理性的状态，从而改善供需关系。此外，一些细节上的边际改善，如现金流改 善、国补发放加速，也值得期待。这些政策变化为新能源发电行业的发展提供 了良好的环境，有助于提升项目回报率。 中闽能源 20250428 摘要 • 中闽能源海上风电项目利用小时数和发电效率突出，直配项目电价较高， 保证了投资收益率。控股股东福建省投资开发集团承诺注入平海湾三期等 资产，增强公司成长性和盈利能力。 • 新能源发电行业政策逐步明朗化，136 号文的实施将使新增项目机制电量 和电价更加清晰。绿电消纳解决方案 ...

Core Viewpoint - Zhangzhou Development (000753.SZ) has announced a plan to issue A-shares to specific investors in 2025, aiming to raise no more than 1.195 billion yuan for various projects and working capital [1][2]. Fundraising and Use of Proceeds - The total amount to be raised from the issuance is capped at 119,500,000 yuan, which will be allocated to the integrated ecological remediation project in Zhangzhou Taiwan Business Investment Zone, the expansion of Zhangzhou's third water plant, a 100MW photovoltaic project, and to supplement working capital [1]. - The issuance will involve no more than 35 specific investors, including the controlling shareholder, Fujian Zhanglong Group, and various financial institutions [1][2]. Shareholding and Issuance Details - Zhanglong Group will subscribe to at least 10% of the total shares issued, and its shareholding will not exceed its pre-issuance stake [2][3]. - The issuance price will be set at no less than 80% of the average trading price over the 20 trading days prior to the pricing date [2]. - The total number of shares to be issued will not exceed 30% of the company's total share capital, which is currently 991,481,071 shares, resulting in a maximum of 297,444,321 shares to be issued [3]. Financial Performance - In 2023 and 2024, Zhangzhou Development reported revenues of approximately 3.65 billion yuan and 3.30 billion yuan, with net profits of about 78.45 million yuan and 53.41 million yuan, respectively [4]. - For Q1 2025, the company achieved a revenue of approximately 527.89 million yuan and a net profit of about 17.13 million yuan [4].

Core Viewpoint - Since 2024, state-owned enterprises have been actively selling photovoltaic power station assets, with China Power Investment Corporation (known as "State Power Investment") leading the trend, indicating a significant shift in the market dynamics of renewable energy assets [1][3]. Group 1: Asset Sales by State Power Investment - State Power Investment has transferred stakes in nearly 40 renewable energy companies, involving a total installed capacity of over 3.2 GW and an estimated transaction value of approximately 18 billion yuan [1][3]. - The company has initiated a series of asset sales, including the termination of projects like the 100 MW household photovoltaic project in Shandong due to rising rooftop leasing costs and low return on assets [3][4]. - By April 2024, State Power Investment had transferred stakes in 24 renewable energy companies, marking a significant shift in its operational strategy [4][6]. Group 2: Changes in Renewable Energy Development Logic - The underlying logic of renewable energy development has changed, with increasing uncertainty in electricity generation and pricing, posing challenges for future growth [8][9]. - Previously, renewable energy enjoyed priority purchasing rights and higher subsidy prices, but the market has shifted towards lower prices and increased competition, leading to a decline in project return rates [9][10]. - State Power Investment has recognized the need to adapt to these changes by prioritizing projects with higher return rates and disposing of underperforming assets [10][11]. Group 3: Transition to Comprehensive Smart Energy Operations - To ensure sustainable development, State Power Investment is transitioning from being a pure project developer to a comprehensive smart energy operator, focusing on local energy consumption and flexible energy management [11][12]. - This transition is crucial for improving the utilization rate of renewable energy projects and ensuring their profitability in a constrained system [12][14]. - Other state-owned enterprises are also following suit, with over 30 companies reportedly listing renewable energy assets for sale as they seek to maintain project profitability [12][13].

市场对绿电的需求增长迅猛。据广东电力交易中心统计，参与今年绿电交易的630余家电力用户中，计 算机、通信和其他电子设备制造业，互联网和相关服务业，石油、煤炭及其他燃料加工业等行业成为新 主力军。 广东电力交易中心发展研究部技术专家陈青介绍，过去广东绿电消费的主力是国有企业和跨国公司，主 要集中在金属制造、建材化工、能源电力、食品生物等行业。如今，电子科技、数据通信业成为主要买 家，为能源结构调整和产业升级带来了新机遇。 数据显示，2024年广东计算机、通信和其他电子设备制造业用电量同比增长11.61%，信息传输、软件 和信息技术服务业用电量同比增长7.22%。这些行业使用绿电可大幅减少碳排放，助力实现"双碳"目 标。以国家"东数西算"工程在华南地区唯一的算力枢纽韶关算力集群为例，今年要建设50万架标准机 架，年用电量预计达97亿千瓦时。如果全部使用绿电，可减少约873万吨的年碳排放量。 南方电网广东韶关供电局计划发展部副总经理杨成介绍，电子科技、数据通信企业对绿电的大规模需 求，可带动上游新能源发电产业发展，促进风电、光伏等新能源项目建设和技术创新，推动储能、智能 电网等相关产业发展，形成完整的绿色能源产业链 ...

中央分析研究当前经济形势和经济工作 4月 25日，中共中央政治局召开会议，分析研究当前经济形势和经济工作。会议指出，要坚持稳中求进工作总基调，完整准确全面贯彻新发展理 念，加快构建新发展格局，统筹国内经济工作和国际经贸斗争，坚定不移办好自己的事，坚定不移扩大高水平对外开放，着力稳就业、稳企业、 稳市场、稳预期，以高质量发展的确定性应对外部环境急剧变化的不确定性。 会议强调，要加紧实施更加积极有为的宏观政策，用好用足更加积极的财政政策和适度宽松的货币政策。适时降准降息，保持流动性充裕，加力 支持实体经济。创设新的结构性货币政策工具，设立新型政策性金融工具，支持科技创新、扩大消费、稳定外贸。会议指出，要不断完善稳就业 稳经济的政策工具箱，既定政策早出台早见效，根据形势变化及时推出增量储备政策，加强超常规逆周期调节，全力巩固经济发展和社会稳定的 基本面。（财联社） 点击上图 ▲立即报名 ｜点评｜ 中国一季度经济延续复苏态势，国际贸易环境却再生变化。本次中央政治局会议对中国经济发展状况做出了全面的分析，并及时为下 一步经济发展路径指明了方向。会议为中美贸易摩擦定调，以稳字当头来应对美国关税政策的不确定性，给国内外企业 ...

Group 1 - TianShun Wind Power reported a 75.98% year-on-year decline in net profit for Q1 2025, with revenue of 926 million yuan, down 12.10% compared to the previous year, primarily due to decreased capacity utilization in the manufacturing sector and increased fixed costs per unit [1] - Yunnan Energy Investment experienced a 38.03% year-on-year decline in net profit for Q1 2025, achieving revenue of 954 million yuan, down 2.12%, with a decrease in renewable energy generation and sales volume attributed to fluctuating wind conditions and reduced average wind speed [2] - Quanwei Technology is facing significant financial and internal control issues, with expected negative net profit for 2024 and potential negative audit opinions, which may lead to additional risk warnings for its stock trading [3] Group 2 - TianShun Wind Power needs to enhance internal optimization to improve profitability and adjust its business strategy in response to market changes [1] - Yunnan Energy Investment should strengthen risk management and optimize its business structure to address challenges posed by market fluctuations and natural factors [2] - Quanwei Technology must take immediate action to resolve financial and internal control issues and improve compliance management to restore market confidence [3]